Implied Volatility Mover
Implied volatility in the options on United Airlines (UAL) is up, as shares lose altitude on an analyst downgrade Friday. The stock is down is down 77 cents to $24.77 in active trading of 2.75 million shares. Meanwhile, 5,760 calls and 3,735 puts have traded on the airliner. February 26 calls, which are 5 percent out-of-the-money and expiring in three weeks, are the most actives. 2,570 contracts traded. Meanwhile, implied volatility in UAL options is moving up 13.5 percent to 36.
Volume Signals
Netflix (NFLX) options volume is running 2.5X the (22-day) average, with 161,000 contracts traded and call volume accounting for 53 percent of the volume.
P&G (PG) options volume is 3X, the average daily, with 83,000 contracts traded and put volume representing 52 percent of the activity.
Starbucks (SBUX) options volume is running 2X the average daily, with 45,000 contracts traded and call volume accounting for 70 percent of the activity.
Increasing options activity is also being seen in Aetna (AET), Verisign (VRSN), and Under Armour (UA).
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